South African assets have rallied in recent months, yet the head of the country’s biggest bank still sees a cautious approach among many foreign investors.
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Sentiment about South Africa has improved since the formation of a coalition government.
A new, R300-million fund has been launched to invest seed capital in promising tech start-ups in South Africa.
South African stocks are having their strongest third quarter for 11 years, and investors see the gains extending.
UK Prime Minister Keir Starmer said Elon Musk’s views on Britain are out of sync with other major investors.
Mark Zuckerberg’s bet on the metaverse initially looked like a colossal mistake. But now it’s paying off big-time.
Prosus has fully cut its stake in Chinese online travel agency company Trip.com, according to sources.
The rand has extended its recent rally, strengthening to a fresh 20-month high against the US dollar.
The head of South Africa’s flagship empowerment commission plans to introduce additional incentives and potential fines.